Delta Corp

What does Delta Corp do?

Delta Corp Ltd. is India's leading casino and gaming company, established in 1990, with a market cap of Rs 2,439 Cr. As of March 2025, it reported net sales of 183 Cr and a net profit of 165 Cr.

Overview: <BR>Delta Corp Ltd. is India's leading listed casino and gaming company operating in the Leisure Services industry within the Small Cap market-cap bracket.<BR><BR>History: <BR>Incorporated in 1990, Delta Corp has established itself as the largest organized player in the casino and gaming industry in India. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot: <BR>Most recent Net Sales: 183 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: 165 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 2,439 Cr (Small Cap)<BR><BR>Key Metrics: <BR>P/E: 18.00 <BR>Industry P/E: 56 <BR>Dividend Yield: 1.37% <BR>Debt-Equity: -0.16 <BR>Return on Equity: 5.11% <BR>Price-to-Book: 0.91 <BR><BR>Contact Details: <BR>Address: 10 Kumar Place, 2408 General Thimayya Road Pune Maharashtra : 411001 <BR>Tel: 91-20-26137739 <BR>Email: secretarial@deltin.com <BR>Website: http://www.deltacorp.in

Has Delta Corp declared dividend?

Delta Corp Ltd. has declared a 125% dividend, amounting to ₹1.25 per share, with an ex-date of July 19, 2024. Despite the dividend, the company's total returns have been negative over most periods, with only a slight positive return of 1.05% over the past five years.

Delta Corp Ltd. has declared a 125% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 125%<BR>- Amount per share: 1.25<BR>- Ex-date: Jul-19-2024<BR><BR>Dividend Yield: 1.37%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, the price return was -25.23%, with no dividend return, resulting in a total return of -25.23%.<BR><BR>Over the past year, the price return was -20.29%, with a dividend return of 1.03%, leading to a total return of -19.26%.<BR><BR>In the 2-year period, the price return was -61.2%, and the dividend return was 1.01%, culminating in a total return of -60.19%.<BR><BR>For the 3-year period, the price return was -54.72%, the dividend return was 2.16%, resulting in a total return of -52.56%.<BR><BR>In the last 4 years, the price return was -50.48%, with a dividend return of 2.63%, leading to a total return of -47.85%.<BR><BR>Over the past 5 years, the price return was -4.22%, while the dividend return was 5.27%, resulting in a total return of 1.05%.<BR><BR>Overall, while Delta Corp has declared a significant dividend, the total returns over various periods indicate a generally negative performance, particularly in the shorter terms, with only the 5-year period showing a positive total return.

Who are the peers of the Delta Corp?

Delta Corp's peers include Jubilant Food, Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks. Notably, Jubilant Food has the highest 1-year return at 32.05%, while Delta Corp's return is -18.93%.

Peers: The peers of Delta Corp are Jubilant Food, Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks.<BR><BR>Quality Snapshot: Excellent management risk is observed at Jubilant Food and Nicco Parks, while Average management risk is found at Devyani Intl., Westlife Food, Sapphire Foods, Speciality Rest., and Delta Corp, and the rest. Below Average management risk is present at Restaurant Brand, Barbeque-Nation, Coffee Day Enter, and Kaya Ltd. Growth is Good at Jubilant Food and Speciality Rest., Below Average growth is seen at Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Delta Corp, Barbeque-Nation, Coffee Day Enter, and Nicco Parks, while the rest have Below Average growth. Capital Structure is Excellent at Delta Corp and Nicco Parks, Average at Jubilant Food and Speciality Rest., and Below Average at Devyani Intl., Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, and Kaya Ltd.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Jubilant Food at 32.05%, while the peer with the lowest is Coffee Day Enter at -45.64%. Delta Corp's 1-year return is -18.93%, which is lower than Jubilant Food's but higher than Coffee Day Enter's. Additionally, the six-month return is negative for Westlife Food, Sapphire Foods, Restaurant Brand, Barbeque-Nation, Coffee Day Enter, Speciality Rest., and Nicco Parks.

Is Delta Corp overvalued or undervalued?

As of February 12, 2025, Delta Corp is considered very attractive and undervalued, with a PE ratio of 17.95 and an EV to EBITDA of 12.94, significantly lower than its peers, indicating a compelling investment opportunity despite recent underperformance compared to the Sensex.

As of 12 February 2025, Delta Corp's valuation grade has moved from attractive to very attractive, indicating a positive shift in its market perception. The company is currently assessed as undervalued. Key ratios supporting this conclusion include a PE ratio of 17.95, an EV to EBITDA of 12.94, and a Price to Book Value of 0.92, all of which suggest that the stock is trading at a discount relative to its earnings and assets.<BR><BR>In comparison to its peers, Delta Corp stands out with its PE ratio of 17.95, significantly lower than Indian Hotels Co at 66.81 and ITC Hotels at 65.26, both of which are categorized as very expensive. Additionally, Delta's EV to EBITDA of 12.94 further emphasizes its relative value against the high valuations of its competitors. Despite recent underperformance compared to the Sensex, where Delta has seen a 1-year return of -21.61% versus the Sensex's 7.58%, the current valuation metrics suggest that Delta Corp presents a compelling investment opportunity.

Who are in the management team of Delta Corp?

As of March 2023, the management team of Delta Corp includes Chairman Jaydev Mody, Managing Director Ashish Kapadia, and several independent directors: Rajesh Jaggi, Ravinder Kumar Jain, Alpana Piramal Chinai, and Vrajesh Udani, along with Company Secretary Dilip Vaidya and Director Chetan Desai. They are responsible for guiding the company's strategy and ensuring regulatory compliance.

As of March 2023, the management team of Delta Corp includes the following individuals:<BR><BR>1. Jaydev Mody - Chairman (Non-Executive)<BR>2. Ashish Kapadia - Managing Director<BR>3. Rajesh Jaggi - Independent Director<BR>4. Ravinder Kumar Jain - Independent Director<BR>5. Alpana Piramal Chinai - Independent Director<BR>6. Vrajesh Udani - Independent Director<BR>7. Dilip Vaidya - Company Secretary & Compliance Officer<BR>8. Chetan Desai - Director<BR><BR>These members play various roles in guiding the company's strategic direction and ensuring compliance with regulations.

Who are the top shareholders of the Delta Corp?

The top shareholders of Delta Corp include the Aarti Pandit Family Private Limited with 11.12%, mutual funds at 7.72%, foreign institutional investors at 1.48%, and HDFC Small Cap Fund as the largest public shareholder with 3.81%. Individual investors hold 47.03% of the total shares.

The top shareholders of Delta Corp include the Aarti Pandit Family Private Limited, which holds the highest promoter stake at 11.12%. In terms of institutional holdings, mutual funds collectively hold 7.72% across four schemes, while foreign institutional investors (FIIs) account for 1.48% through 46 different entities. The highest public shareholder is HDFC Small Cap Fund, with a stake of 3.81%. Additionally, individual investors hold a significant portion of the company, comprising 47.03% of the total shares.

How big is Delta Corp?

As of 24th July, Delta Corp Ltd. has a market capitalization of 2,410.00 Cr, with recent net sales of 737.83 Cr and a net profit of 248.95 Cr.

As of 24th July, <BR><BR>Market Cap: Delta Corp Ltd. has a market capitalization of 2,410.00 Cr, categorizing it as a Small Cap company.<BR><BR>Recent Quarterly Performance: For the latest four quarters, Delta Corp reported Net Sales of 737.83 Cr and a Net Profit of 248.95 Cr.<BR><BR>Balance Sheet Snapshot: The latest annual reporting period is March 2024, with Shareholder's Funds amounting to 2,517.81 Cr and Total Assets of 2,855.14 Cr.

Are Delta Corp latest results good or bad?

Delta Corp's latest Q2 FY26 results are unfavorable, showing an 8.32% decline in net profit to ₹24.13 crores and a 2.61% drop in revenue to ₹182.76 crores, despite improved operating margins. Ongoing challenges in the gaming and hospitality sectors, along with regulatory uncertainties, suggest caution for investors.

Delta Corp's latest results for Q2 FY26 indicate a challenging performance. The company reported a net profit of ₹24.13 crores, which reflects an 8.32% decline year-on-year. Revenue also decreased by 2.61% year-on-year, totaling ₹182.76 crores. While the operating margin improved to 21.70%, up 370 basis points from the previous year, the overall financial picture shows persistent operational headwinds, particularly in the gaming and hospitality sectors.<BR><BR>The decline in both revenue and profit highlights ongoing struggles, exacerbated by regulatory uncertainties and evolving taxation frameworks impacting the online gaming segment. Additionally, the significant drop in other income, which fell by over 57% year-on-year, has further pressured profitability.<BR><BR>Overall, while there are some positive aspects, such as improved operating margins and a strong balance sheet with no debt, the negative trends in revenue and profit suggest that the latest results are not favorable. Investors may need to approach Delta Corp with caution given these challenges.

How has been the historical performance of Delta Corp?

Delta Corp's historical performance shows declining net sales and operating profit from Mar'23 to Mar'25, despite an increase in profit before tax and total assets. The company faced significant cash flow challenges, resulting in a net cash outflow in Mar'25.

Answer:<BR>The historical performance of Delta Corp shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Delta Corp's net sales have experienced a downward trend from Mar'23 to Mar'25, decreasing from 964.47 Cr to 729.63 Cr. Total operating income followed a similar pattern, dropping from 964.47 Cr in Mar'23 to 729.63 Cr in Mar'25. The company's total expenditure, excluding depreciation, was relatively stable, with a slight increase from 542.27 Cr in Mar'24 to 542.54 Cr in Mar'25. Operating profit (PBDIT) also declined from 396.73 Cr in Mar'23 to 244.17 Cr in Mar'25, reflecting a decrease in operating profit margin from 36.32% to 25.64%. Profit before tax increased from 328.47 Cr in Mar'23 to 402.10 Cr in Mar'25, while profit after tax rose from 261.49 Cr to 318.04 Cr in the same period. The consolidated net profit showed a slight increase from 244.23 Cr in Mar'24 to 248.99 Cr in Mar'25. The company's total assets grew from 2,536.44 Cr in Mar'23 to 2,922.81 Cr in Mar'25, while total liabilities increased from 2,536.44 Cr to 2,922.81 Cr. Cash flow from operating activities decreased significantly from 170.00 Cr in Mar'24 to 49.00 Cr in Mar'25, contributing to a net cash outflow of 37.00 Cr in Mar'25. Overall, Delta Corp's financial performance reflects a complex interplay of declining sales and profits alongside increasing assets and liabilities.

Is Delta Corp technically bullish or bearish?

As of 27 October 2025, Delta Corp's technical trend has shifted to a bearish stance with moderate strength, indicated by bearish MACD, Bollinger Bands, moving averages, and KST across multiple time frames.

As of 27 October 2025, the technical trend for Delta Corp has changed from mildly bearish to bearish. The current stance is bearish with moderate strength. Key indicators driving this include a bearish MACD on the weekly chart, bearish Bollinger Bands on both weekly and monthly time frames, and bearish moving averages on the daily chart. The KST is also bearish on both weekly and monthly levels, while the Dow Theory indicates a mildly bearish stance on the weekly. Overall, the technical outlook suggests continued weakness in the stock's performance.

When is the next results date for Delta Corp Ltd.?

The next results date for Delta Corp Ltd. is 15 January 2026.

The next results date for Delta Corp Ltd. is scheduled for 15 January 2026.

Should I buy, sell or hold Delta Corp Ltd.?

Why is Delta Corp Ltd. falling/rising?

As of 17-Mar, Delta Corp Ltd. is facing a decline in its stock price, currently at Rs 52.74, down -1.35%. The stock has lost value for four consecutive days, with a total drop of -7.39%, and has underperformed significantly over various time frames, reflecting negative financial results and a lack of investor confidence.

As of 17-Mar, Delta Corp Ltd. is experiencing a decline in its stock price, currently at Rs 52.74, reflecting a change of -0.72 (-1.35%). This downward trend is evident as the stock has been losing value for the last four consecutive days, resulting in a total drop of -7.39% during this period. Additionally, the stock is trading lower than its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a persistent bearish sentiment.<BR><BR>The stock's performance over various time frames further illustrates its struggles. Over the past week, Delta Corp has decreased by -6.56%, and in the last month, it has fallen by -22.38%. Year-to-date, the stock is down -24.43%, and it has significantly underperformed over the past year with a decline of -38.65%, while the benchmark Sensex has gained +2.56% during the same period.<BR><BR>Moreover, the company has reported negative financial results, with net sales falling by -12.3% and profits decreasing by -41% over the past year. This consistent underperformance against the benchmark, coupled with negative results for three consecutive quarters, has contributed to a lack of investor confidence.<BR><BR>Despite some positive factors, such as rising promoter confidence with a 0.81% increase in stake, the overall outlook remains bleak due to poor long-term growth and negative financial performance. Consequently, these factors collectively explain why Delta Corp Ltd. is currently experiencing a decline in its stock price.

Why is Delta Corp Ltd. falling/rising?

As of 18-Mar, Delta Corp Ltd. is seeing a stock price increase to 55.08, up 4.04%, indicating a potential trend reversal after prior declines. However, the stock has a negative annual return of -36.62% and ongoing financial challenges, despite rising promoter confidence and attractive valuations compared to peers.

As of 18-Mar, Delta Corp Ltd. is experiencing a rise in its stock price, currently at 55.08, which reflects an increase of 2.14 or 4.04%. This upward movement can be attributed to several factors. Notably, the stock has outperformed its sector by 1.83% today and has gained after four consecutive days of decline, indicating a potential trend reversal. The stock reached an intraday high of Rs 56.27, marking a significant increase of 6.29% during the trading session.<BR><BR>Despite the positive movement today, it is essential to consider the broader context of Delta Corp's performance. Over the past year, the stock has generated a return of -36.62%, and its profits have fallen by -41%. Additionally, the company has declared negative results for the last three consecutive quarters, with a significant drop in net sales and a decrease in profit after tax. <BR><BR>However, there are signs of rising promoter confidence, as the promoters have increased their stake in the company by 0.81% over the previous quarter, which may suggest a belief in the company's future potential. Furthermore, the stock is trading at a discount compared to its peers' average historical valuations, with a low debt-to-equity ratio and an attractive price-to-book value.<BR><BR>In summary, while Delta Corp Ltd. is currently rising in price due to a short-term trend reversal and positive sector performance, the long-term outlook remains challenged by consistent underperformance and declining financial results.

Why is Delta Corp Ltd. falling/rising?

As of 19-Mar, Delta Corp Ltd. is facing a decline in its stock price, currently at Rs 53.74, due to poor financial performance and significant underperformance against benchmark indices. The company has reported negative results for three consecutive quarters, raising concerns about its financial health and investor confidence.

As of 19-Mar, Delta Corp Ltd. is experiencing a decline in its stock price, currently at Rs 53.74, which reflects a change of -1.34 or -2.43%. This downward movement can be attributed to several factors highlighted in the provided data. <BR><BR>Firstly, the stock has underperformed significantly compared to the benchmark indices, with a year-to-date decline of -23.00% against a -12.92% drop in the Sensex. Over the past year, Delta Corp has generated a return of -39.17%, while the broader market has only seen a -1.65% decline. This consistent underperformance over multiple time frames, particularly the last three years, indicates a lack of investor confidence.<BR><BR>Additionally, the company's financial health appears to be deteriorating. It has reported negative results for three consecutive quarters, with a notable fall in net sales of -12.3% and a significant drop in profit after tax (PAT) by -60.0% compared to previous averages. The company's cash and cash equivalents are at their lowest, which raises concerns about liquidity and operational stability.<BR><BR>Moreover, the stock is trading below its moving averages across various time frames, suggesting a bearish trend. Although there has been a slight increase in promoter confidence, with a 0.81% increase in their stake, this has not been sufficient to counteract the negative sentiment surrounding the stock.<BR><BR>In summary, the combination of poor financial performance, consistent underperformance against benchmarks, and negative market sentiment are key reasons for the decline in Delta Corp Ltd.'s stock price.

Why is Delta Corp Ltd. falling/rising?

As of 20-Mar, Delta Corp Ltd. is seeing a slight stock price increase to 53.92, but faces significant long-term challenges with a -39.11% return over the past year and declining sales and profits. The stock's performance is below key moving averages, indicating a bearish trend amidst ongoing negative financial results.

As of 20-Mar, Delta Corp Ltd. is experiencing a slight rise in its stock price, currently at 53.92, with a change of 0.18 (0.33%) upwards. However, this minor increase occurs against a backdrop of significant long-term challenges for the company. Over the past year, the stock has generated a return of -39.11%, indicating a substantial decline in value. This underperformance is compounded by a consistent trend of negative financial results, with net sales falling by -12.3% and profits decreasing by -41% over the same period.<BR><BR>Additionally, the stock is trading lower than all key moving averages, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, suggesting a bearish trend. Investor participation is also declining, as evidenced by a -15.24% drop in delivery volume compared to the 5-day average. Despite some positive indicators, such as rising promoter confidence with a 0.81% increase in stake, the overall financial health of the company remains concerning, with negative results reported for the last three consecutive quarters.<BR><BR>In summary, while there is a slight uptick in the stock price on this particular day, the broader context of declining sales, poor long-term growth, and consistent underperformance against benchmarks indicates that Delta Corp Ltd. is facing significant challenges that overshadow the recent price movement.

Which are the latest news on Delta Corp?